Cross Border Transactions Enhanced In Experimental Project -- BIS, Central Banks

KUALA LUMPUR, Oct 28 (Bernama) -- The Bank for International Settlements (BIS) and its central bank partners have successfully demonstrated with Project Mandala that regulatory compliance can be embedded in cross-border transaction protocols.

Bursa Ends Lower On Heightened Caution In Data-heavy Week, Ahead Of US Election

By Nurul Jannah Kamaruddin

KUALA LUMPUR, Oct 28 (Bernama) -- Bursa Malaysia ended lower on Monday as a data-heavy week heightened caution amid ongoing concerns about the US election, the interest rate outlook and the crisis in the Middle East.

Malaysia’s BRICS Membership Could Boost Trade, Global Influence - Academicians

KUALA LUMPUR, Oct 28 (Bernama) -- Malaysia’s inclusion as a partner country in the BRICS alliance could facilitate stronger economic ties with countries like China and India, both of which are already major trading partners.

BMI Predicts 2.0 Pct Growth In SEA LPG Demand

KUALA LUMPUR, Oct 28 (Bernama) -- Southeast Asia's (SEA) liquefied petroleum gas (LPG) consumption is projected to grow at an average rate of 2.0 per cent annually from 2023 to 2033, according to BMI, a unit of the Fitch group.

ACE Market Debutant Sorento Capital To Expand Into New Construction, Renovation Projects

KUALA LUMPUR, Oct 28 (Bernama) -- Sorento Capital Bhd is set to expand into new construction and renovation markets by targeting additional building segments, including affordable housing, hotels and office buildings, following its debut on the ACE Market of Bursa Malaysia today.

Ringgit Opens Slightly Higher Against US Dollar

KUALA LUMPUR, Oct 28 (Bernama) -- The ringgit opened slightly higher against the US dollar today with market sentiment remaining guarded as the world braces for the US presidential election which will be held on Nov 5.

Malaysia's Application To Join BRICS Gets Solid Support From Bloc Members Including India, China - PM Anwar

KUALA KANGSAR, Oct 27 (Bernama) -- Malaysia’s application to become a BRICS partner has received strong and solid support from all BRICS members including Russia, China and India during a meeting of the eight founding members of the bloc.

Malaysia Set To Unlock Economic Opportunities As BRICS Partner Country -- Academician

By Abdul Hamid A. Rahman

KUALA LUMPUR, Oct 27 (Bernama) -- Malaysia’s recognition as one of the 13 nations officially added to BRICS presents significant economic opportunities, opening doors to trade, investment, and cooperation with the world’s largest emerging markets, including Brazil, Russia, India, China, and South Africa.

Youth Economic Forum Serves As A Platform For Youths In Nation-Building

KUALA LUMPUR, Oct 26 (Bernama) -- The Youth Economic Forum (YEF) 2024, which gathered over 1,200 delegates today, has provided a platform for young professionals, universities and college students to engage in discussions about Malaysia's evolving economic landscape, focusing on digital and green economy, as well as talent development.

Govt Will Ensure Youth Access To Jobs, No Region Is Underserved - Tengku Zafrul

KUALA LUMPUR, Oct 26 (Bernama) -- The government is committed to ensuring that youths have access to jobs which commensurate with their training and that no region is underserved in terms of digital exposure. 

Malaysia Needs To Prepare And Have All The Buffers To Face The Changing Global Economic Environment -- BNM Governor

KUALA LUMPUR, Oct 26 (Bernama) -- Malaysia, as a small and open economy, needs to ensure that it is well-prepared and has the necessary buffers to face the changing global economic environment, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

Ringgit Expected To Trade Sideways Next Week Ahead Of The US Election

By Zufazlin Baharuddin

KUALA LUMPUR, Oct 26 (Bernama) -- The ringgit is expected to trade sideways against the US dollar next week, moving in the RM4.34-RM4.35 range, as markets await the US presidential election on Nov 5.